Skip to main content

About your Search

20121121
20121121
STATION
KQEH (PBS) 4
LANGUAGE
Search Results 0 to 3 of about 4 (some duplicates have been removed)
PBS
Nov 20, 2012 7:00pm PST
model is at war with life on this planet. it's at war with us." >> and-- >> there's something fundamentally flawed about a system where in order to get elected the members of congress have to rely on the very people who are lobbying them day in and day out. because that's their principal source of funding, those lobbyists and the interests they represent. >> funding is provided by: carnegie corporation of new york, celebrating 100 years of philanthropy, and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org." anne gumowitz. th
PBS
Nov 20, 2012 6:30pm PST
have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question is going to turn to how is the fed going to reverse policy, and what the chairman said today is that decision is a long way off. >> susie: on wall street, stocks slipped on that fiscal cliff warning from bernanke and then recovered. the dow lost seven points, but the nasdaq and the s&p both gained about a point. rebecca patterson joins us now to talk more about the markets and bernanke. she's the chief investment officer of bessemer trust. >> hi, rebecca, nice to have you with us. >> hi. t
PBS
Nov 21, 2012 12:00am PST
the single biggest insider trading payoff ever. mathew martoma allegedly used confidential information about an alzheimer's drug to make more than a quarter-billion dollars. at the time, in 2006, he managed a hedge fund portfolio. for more, we turn to david voreacos of bloomberg news. >> thank you for having me. sreenivasan: first off how did this alleged scream work. what kind of information was being traded? >> well, the prosecutors today in new york allege that a hedge fund advisor at f.a.c. capital advisors in connecticut which is run by billionaire steve cohen gathered inside information about an alzheimers cli.$kal drug trial that was being conducted. based on that information he built a position of $700 million in the two drug companies that were running the trial. through his connections with a neurologist at the university of michigan, he gathered inside information about the progress of that clinical drug trial first building the position in the stock when he thought the trial was going well and then when he affirmatively learned it was not going so well he had th
Search Results 0 to 3 of about 4 (some duplicates have been removed)